Obama and GM
Republicans attacked Obama for the GM bailout, claiming that when the government intervened, it was a “major power grab” that effectively put GM under the control of the federal government–and, in the eyes of many right-wingers, under Obama’s personal command.
Well, in early 2009, the company was near collapse, threatening to destroy the American auto industry and put huge numbers of Americans out of work. Today, as a result of the intervention, the company is not only back on its feet, but posted a $3.2 billion profit. It’s not perfect, but without doubt far and away much better than it was before Obama came in.
So, will Republicans–who claimed Obama owned the industry–give him credit for its success?